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BRIEF-Star Fitness starts long-term cooperation, announces financial forecasts
September 11, 2017 / 7:52 AM / 15 days ago

BRIEF-Star Fitness starts long-term cooperation, announces financial forecasts

Sept 11 (Reuters) - STAR FITNESS SA:

* SAID ON SATURDAY THAT IT SIGNED PRELIMINARY CONTRACT WITH PLATINUM & CO HOLDING LTD WORTH

* BOTH COMPANIES TO SET LONG-TERM COOPERATION TO SELL CO‘S PRODUCTS IN THE UNITED STATES, ASIA AND UNITED KINGDOM AND AS OF 2018 TO START BUILDING PROTOTYPES OF INNOVATIVE PRODUCTS DESIGNED BY CO

* CO SIGNED A LOI CONCERNING MENTIONED AGREEMENT WORTH AT LEAST 10 MILLION ZLOTYS IN AUG.

* SEES Q4 REVENUE AT 0.8 MILLION ZLOTYS, Q4 EBITDA AT 0.7 MILLION ZLOTYSAND Q4 NET PROFIT AT 0.5 MILLION ZLOTYS

* SEES Q1 2018 REVENUE AT 1.3 MILLION ZLOTYS, Q1 2018 EBITDA AT 1.2 MILLION ZLOTYS AND Q1 2018 NET PROFIT AT 1.0 MILLION ZLOTYS Source text on Eikon:

Further company coverage: (Gdynia Newsroom)

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